Credit Crisis Federal Reserve

CNBC: House of Cards

Tonight CNBC airs a program on the origins of the economic crisis, including an interview with Greenspan who claims that the Federal Reserve could have taken steps to prevent the housing bubble, but doing so would have prevented the economic boom and dramatically increased unemployment. Clearly you cannot diffuse these things unless you hit them […]

Carol Coye Benson Mobile Technology Payments Humor

Mobile Technology Jargon Trivia

I count five references guaranteed to mystify most people: “the solution also meets the new GSM Association “Pay-Buy-Mobile” mobile handset requirements based on the Single Wire Protocol (SWP). The new Inside MicroRead® NFC chip, combined with the Gemalto latest UpTeq 300 m-NFC SIM card embarking a Common Criteria EAL4+ security certified chip, gives handset makers […]

B2B

Bad Data Blamed for Bank Problems

This article in CFO.com attributes poor decision making by bankers to bad data rather than greed, excessive risk-taking and lax regulation. I won’t let them off that easily, but I do agree that data quality is a real and significant problem for corporate decision makers in every industry. As budgets tighten amid economic uncertainty the […]

American Express Bryan Derman Card Networks Financial Reporting Mastercard Visa Writings

Card Network Earnings Are In - It’s Now Safe to Exhale!

By Bryan Derman It seems like it’s been a month now that we at Glenbrook – and people all around the payments business – have been holding our collective breath waiting to see what level of purchase volumes would be reported by MasterCard and Visa for Q4 2008. Well, the results came in the last […]

Credit Crisis Current Events Finance

The Future of Finance (The Economist)

This week's Economist includes a Special Report on The Future of Finance (and it's not pretty): Contents: The collapse of finance Why is finance so unstable? Fallible mathematical models When markets turn Playing financial chicken Regulating finance Fixing finance

Accounting Credit Crisis Enterprise 2.0 Technology

Blaming the Credit Crisis on Double Entry Accounting

Sigurd Rinde believes that double entry accounting is a root cause of the current economic calamity. He's got a point. Check this out: [except – read the whole post here] Is there a root cause? And if so, why is it not discussed? So why is it not discussed? Because sometimes we take some things […]

Banking Change Management Current Events

Corporate Complexity (an example)

The latest post at the Wells Fargo-Wachovia merger blog hints at the complexity involved in integrating the two banks' services, technology, and products. Let alone the people + organizational structure! I admire their honest, open approach.

Blogging Conferences & Meetings Technology Web 2.0 in Financial Services

Workshop: Web 2.0 Technologies For Financial Services (March 19, Santa Clara)

Workshop on Web 2.0 Technologies For Financial Services FaceBook? Twitter? Amazon Flexible Payments? Mint? Zong? Join me and Scott Loftesness of Glenbrook as we explore the world of Web 2.0 technologies and their impact on the payments industry in this one day workshop (morning plus optional afternoon sessions). What is Web 2.0 and how is […]

Caught My Eye Credit Crisis Current Events

Recession Stat: More Google Searches for "coupons" than for "Britney Spears"

(via Freakonomics) The latest recession indicator: more people are searching Google for "coupons" than for "Britney Spears." And it's not that Britney is getting less popular.

Credit Crisis Finance Women Professionals

Will Sheila Bair save the day?

  Joe Nocera thinks so. Ms. Bair — who, thankfully, will remain the head of the F.D.I.C. in the new administration — has been thinking along the same lines. She, Mr. Bernanke and Treasury officials have begun talking about a new kind of bank, one that would be created and capitalized by the federal government, […]

Books Caught My Eye Finance

History of Money (Colbert Report)

This is good. Niall Ferguson on the Colbert Report (Stephen Colbert asks "Am I Money?") .cc_box a:hover .cc_home{background:url('http://www.comedycentral.com/comedycentral/video/assets/syndicated-logo-over.png') !important;}.cc_links a{color:#b9b9b9;text-decoration:none;}.cc_show a{color:#707070;text-decoration:none;}.cc_title a{color:#868686;text-decoration:none;}.cc_links a:hover{color:#67bee2;text-decoration:underline;} The Colbert ReportMon – Thurs 11:30pm / 10:30c Niall Ferguson Colbert at ChristmasColbert Christmas DVD Green ScreenBill O'Reilly Interview   The book is better. And the PBS series is even better!

Enterprise 2.0 Technology Web/Tech

Experience with Intacct or NetSuite?

Please support my efforts to reference check SaaS ERP vendors Intacct and NetSuite on behalf of a Web 2.0 client. Do you have any success stories? Horror stories? Particularly interested in feedback on ease of integration/APIs and customer support. Got insight? Please email me and I will call you back for a quick chat.

Banking Caught My Eye Client News Strategy Web/Tech

Wells Fargo + Wachovia: News and Commentary Round Up

Photo: SF Chronicle The SF Chronicle interviews Wells Fargo CEO John Stumpf in today's paper. The Wells Fargo – Wachovia merger blog inspired rave reviews and sets the bar high for other financial institutions considering blogging The Finanser (Chris Skinner) – "Therefore, this could prove interesting in creating a corporate case study in how to […]

Credit Crisis Enterprise 2.0 Technology

SAP and HBR on Enterprise Software, Economic Crisis and Cloud Computing (Charlie Rose)

A conversation with Léo Apotheker, co-CEO and a member of the Executive Board of SAP AG and Andrew Mcafee of the Technology and Operations Management Unit at Harvard Business School on Charlie Rose (aired Jan 6th)   On IT within the Financial Services industry: LEO APOTHEKER:  And you know, what you said about financial institutions […]

Credit Crisis Current Events

Paulson on Bloomberg TV Today

The folks at Bloomberg have alerted me that Paulson will be on Bloomberg TV today: In an exclusive interview as he prepares to leave office, Treasury Secretary Henry Paulson responds to the latest jobs number — which could be the worst since the 1970s. He'll also talk about his biggest successes and biggest disappointments in […]